South Korea has announced an ambitious plan to boost its shipbuilding industry by promoting the production of environmentally-friendly ships and LNG bunkering, according to the ministry of trade, industry and energy (MOTIE).
Albwardy Damen has opened a new ship repair facility at Dubai Maritime City (DMC) in conjunction with the celebration of its 40th anniversary.
Hong Kong’s family-owned shipowner Wah Kwong has approached China’s Chengxi Shipyard to construct a pair of 82,000-dwt dry bulk carriers.
Singapore-based Raffles Shipping International has booked up to six 19,700-dwt chemical tankers at China’s Wuchang Shipbuilding Industry Group.
Taiwan’s Evergreen Marine has placed an order for four feeder container vessels at China’s Jiangnan Shipyard.
Singapore’s X-Press Feeders has approached China’s Zhoushan Changhong International Shipyard to build six new 2,700-teu feeder vessels.
China’s Yangzijiang Shipbuilding has stayed profitable amid the weak shipbuilding market, as it looks to healthy yard utilisation up to 2020 backed by an orderbook of 114 vessels valued at $4.1bn.